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Southport Management Rights: No Live-In Requirement, No Office Hours
Southport, QLD, 4215
Services
·
Management Rights
$600K MR & $920K UNIT = Total $1.52M
A tightly held, well-established management rights business in a secure gated estate of 91 lots, set in one of Southports most sought-after areas.Southport is the Gold Coasts CBD, close to Gold Coast University Hospital, Griffith University, the G:link light rail, Australia Fair and the Broadwater. That steady base of health workers, students and CBD professionals keeps demand for quality long-term rentals consistently high, with Southport vacancy sitting below 1%.The business returns a net profit of approximately $177,000, underpinned by a strong Body Corporate salary of $129,000 + GST that has recently received a CPI increase. There are no office hours and no requirement to live on-site, so you can run it on your own terms. It is an ideal add-on for an existing operator or property manager.The managers residence is a modern 3-bedroom, 2-bathroom home with quality finishes and a private outdoor area. You can live in it yourself or lease it for around $900 per week, which is extra income on top of the $177,000 net profit.Key featuresNet profit approx. $177,000 (excludes residence rental income)Body Corporate salary of $129,000 + GST, recently CPI-increased16 permanent rentals in the letting pool, plus 10 externally managed units and 1 owner-occupied lock-upNo on-site living requirement and no office hoursResidence rental potential of approx. $900 per weekStraightforward caretaking with a stable, cooperative Body Corporate committeeGated estate with two pools, a floodlit tennis court, a BBQ area and generous green spacePrime Southport location with strong demand for permanent rentalsOpportunities with this level of flexibility are rarely offered.
PRICE REDUCED TO SELL | NO REQUIREMENT TO LIVE ON-SITE
Southport, QLD, 4215
Services
·
Management Rights
$175K MR & $875K UNIT = Total $1.050M
This management rights opportunity presents an excellent entry level or lifestyle business in a highly convenient Southport location, ideally suited to a single operator or couple, those looking to scale back, or buyers seeking a flexible business that can comfortably complement another income stream.The manager's residence comprises a spacious 3 bedroom, 2 bathroom apartment of approximately 118 square metres, complete with secure parking, a large private balcony and an office on title, eliminating the need for separate commercial premises. Pet approval further enhances the appeal for owner occupiers.Importantly, the agreement provides flexibility around the residence requirement, with an approved nominee able to reside in the manager's apartment and perform the management duties on behalf of a company Manager. This provides additional flexibility for buyers who may not wish to personally reside onsite. The caretaking duties are straightforward and can be comfortably managed by a single operator if desired. With no prescribed office hours, the business offers genuine day to day flexibility and an enviable work life balance.The business currently generates a net profit of approximately $87,000, underpinned by a strong Body Corporate salary of approximately $63,000 per annum. There are currently 10 units in the letting pool, with clear upside through securing additional apartments that are presently managed by external agents.Positioned close to the Southport CBD, Broadwater, light rail, shopping and dining precincts, the complex continues to attract both residents and investors seeking convenience and lifestyle. Supported by a cooperative Body Corporate and approximately 19 years remaining on the agreements, this is a clean, low maintenance business with solid fundamentals and genuine scope for future growth.Importantly, the vendor is highly motivated and committed to achieving a sale. All genuine and serious offers will be given careful consideration, presenting an outstanding opportunity for buyers to secure excellent value in today's market.RAS360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
The Gold Coast's Next Trophy Management Rights Acquisition. MARIS | SOUTHPORT, GOLD COAST
Southport, QLD, 4215
Services
·
Management Rights
Expression of Interest
Presenting a rare opportunity to secure premium Management Rights on the Gold Coast, Maris is tipped to be the most exciting new mixed-use residential developments in the Southport skyline.Positioned opposite the Broadwater Parklands in the heart of the Gold Coast, this landmark project by internationally recognised MRCB International, in collaboration with Binah and designed by award-winning Plus Architecture, will deliver a sophisticated new standard of coastal living in one of South-East Queenslands fastest-evolving precincts.Importantly, Maris is a Council-approved mixed-use development incorporating short-term accommodation, giving an incoming operator the ability to build a premium accommodation business alongside a strong permanent residential community.The opportunity is underpinned by new, modern 25-year Management Rights agreements, providing outstanding long-term security. Maris will comprise 192 premium apartments, with early projections indicating approximately 150 apartments within the letting pool and exact numbers on preferred use as Holiday and Permanent are still to be determined. Supported by Body Corporate remuneration exceeding $380,000 per annum and a projected net profit of circa $950,000, the combination of scale, agreement tenure, accommodation flexibility and strong market acceptance well ahead of completion positions Maris among the more significant new Management Rights opportunities to be offered in Australia.Residents and guests will enjoy an impressive collection of resort-style facilities including a swimming pool, podium BBQ and lounge areas, steam room, sauna, gymnasium, rooftop recreation and yoga deck, alfresco dining and BBQ facilities, landscaped gardens and secure parking.The location is equally compelling. Broadwater Parklands and the G light rail are directly opposite, while Australia Fair, Southport CBD, Griffith University, Gold Coast University Hospital and the Health & Knowledge Precinct are all within easy reach.Completion is anticipated in Q1 2029, however MRCB is deliberately seeking to appoint an experienced Management Rights operator well ahead of handover.This early engagement is a significant advantage. It creates an opportunity for the successful operator to work alongside the developer during the construction phase, allowing practical operational knowledge, accommodation expertise, management systems and guest experience considerations to be factored into the project while options remain available.For an established operator, investment group or syndicate seeking its next flagship acquisition, Maris brings together the fundamentals that are increasingly difficult to find in a single opportunity: scale, premium real estate, short-term letting approval, substantial recurring income, long tenure and the ability to influence the operational platform before opening.This is an opportunity to become involved early, build the business properly from day one and ultimately operate one of the Gold Coasts premier new Management Rights assets.Expressions of interest and early discussions with suitably experienced operators are now invited.
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